Downtown Tyler Will Receive $10 Million for Redevelopment Plan
“This represents the largest single investment ever in terms of residential development in downtown Tyler,” Chris Burrow, director of the Land Advisory Group at Henry S. Miller Company said. KLTV explains that Burrow works for the Dallas firm that’s representing the City of Tyler on the planning and marketing of a piece of land totaling about 3.75 acres in the downtown area along North Bonner Avenue near City Hall. Nearly 100 apartments and 5,000 square feet of retail space will soon take over the land where a King Chevrolet once stood, before the area was owned by the City.
The new project will include .75 acres of green space, according to Mike Butler of Butler Architectural Group, the designers of the new development. Downtown Tyler has seen many improvements over the past few years. In fact, the Butler Architectural Group is to thank for some of the facelift that’s attracted many people to live downtown. Their website says they designed the Liberty Hall on the square that’s become a major part of the arts scene in Tyler.
The $10 million investment was made possible by the Scarborough family. The City hopes to attract a boutique hotel to share part of the property, too, in order to further elevate the area.